Nvidia's Jensen Huang sees no memory glut by 2029

Nvidia CEO Jensen Huang told CNBC he doesn't expect a memory oversupply by 2029, saying HBM and LPDDR will be used for years to come. The comments follow a sell-off in memory stocks over glut fears and CXMT's new architecture. Huang also said U.S. regulations accelerated China's chip efforts.

• Huang: 'you can always use more' memory
• Nvidia first put LPDDR into data centers, doubling energy efficiency
• Memory stocks fell after a column warning of a 2029 glut and CXMT's announcement
• Huang: U.S. rules accelerated China's semiconductor nationalization